This is absolutely INSANE.



Super Micro cofounder was just arrested for smuggling $2.5 BILLION in Nvidia GPUs to China with help of a hair dryer.

$SMCI stock is down -14% after hours.

Here’s what happened:

Yih-Shyan “Wally” Liaw smuggled $2.5 billion worth of Nvidia servers to China.

He used a shell company in Southeast Asia and built fake servers to fool auditors.

He used a hair dryer to swap serial number stickers on the boxes and shipped $510 million worth in just three weeks last spring.

He was racing to beat new export rules and even sent his team a White House policy link saying “go faster.”

He’s 71 years old and holds $464 million in SMCI stock, so it’s crazy that someone with this much net worth would do this.

His sales manager in Taiwan is still on the run, while Liaw is out on bail facing 30 years in prison.

The hair dryer is going to be in the history books.
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